Lajos Bokros

Who is Lajos Bokros?

Lajos András Bokros is a Hungarian economist and Member of the European Parliament for Hungary. He is the leader of the Movement for a Modern Hungary, which he founded in April 2013, and sits in the European Conservatives and Reformists group in the European Parliament.

Bokros was born in Budapest. He graduated from and holds a Ph.D. from the Budapest University of Economics. He was director of the State Property Agency of Hungary between 1990–1991. He was chairman and chief executive officer at the Budapest Bank between 1991–1995. He is a full professor and former chief operating officer of the Central European University.

Bokros was the Minister of Finance between 1995–1996 in the government of Gyula Horn. He is best known for the so-called "Bokros package"; a string of austerity measures implemented during his term as Finance Minister.

Supported by the Hungarian Democratic Forum, Bokros was elected to the European Parliament in the 2009 election and sits in the European Conservatives and Reformists Group. He is a full member of the Committee on Budgets and a substitute member of the Committee on Economic and Monetary Affairs.